{
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  "docSlug": "3d5faf0883b6b82602210c2c69576e7b",
  "documentTitle": "Nikola | SPAC Presentation Deck | 27 slides",
  "authorId": "nikola",
  "authorName": "Nikola Corporation",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2020-04-01 00:00:00",
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  "pageNumber": 18,
  "pageCount": 27,
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  "slideType": "unfair_advantage",
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  "density": "overcrowded",
  "nDataPoints": 8,
  "notes": "Includes a comparative bar chart showing TCO per mile and a list of six key value propositions.",
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  "slideHref": "/slides/019de070-09b6-73ab-9afa-502435f39726/18",
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  "components": [
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      "kind": "callout",
      "text": "Increasing cost of diesel operations due to tightening emission standards reinforces Nikola's bundled FCEV TCO advantage vs. traditional diesel truck ownership",
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      "kind": "chart",
      "text": "Illustrative Nikola FCEV vs. Diesel Cost Per Mile",
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      "kind": "list",
      "text": "Total Cost of Ownership Certainty; Better Performance; Enhanced Safety; Hydrogen Safer Than Diesel; Environmentally Friendly; Autonomous Ready",
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      "kind": "list",
      "text": "7-year lease/700,000 miles; Lease includes the cost of truck, hydrogen fuel, repair, and maintenance; Lease model eliminates payback period and technology risk for customers, enabling more rapid adoption",
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      "kind": "source-note",
      "text": "1. Based on prior 7 years' data from ATRI, excluding driver costs; 2. Cost per mile data is based on proprietary research from ACT Research and ATRI's 2018 Operational Cost of Trucking; fuel is based on the prior 7 years' average given volatility of input costs",
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      "kind": "title",
      "text": "NIKOLA'S ADVANTAGE: BUNDLED FCEV OFFERING",
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      "arcName": "The Sequoia Pitch",
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